Summary:

In order to explore prospects for India's seafood industry under the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), the Department of Commerce hosted a Chintan Shivir at the Chennai Trade Center on July 3, 2026, during Seafood Expo Bharat 2026. The purpose of the event was to increase fish exports to Norway, Switzerland, Iceland, and Liechtenstein. With access to economies with a combined GDP of US$1.79 trillion, TEPA, India's first active trade deal with a European economic union, seeks to draw in US$100 billion in investments. The agreement increases export competitiveness by providing tariff discounts. In order to boost seafood exports, government organisations also advised exporters on market access, quality standards, investment possibilities, and regulatory compliance.m.

Source: IBEF

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